National Wealth Management Group LLC lessened its holdings in shares of Amphenol Corporation (NYSE:APH – Free Report) by 60.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,889 shares of the electronics maker’s stock after selling 7,617 shares during the period. National Wealth Management Group LLC’s holdings in Amphenol were worth $661,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in APH. Financial Management Professionals Inc. raised its holdings in Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares in the last quarter. Riggs Asset Managment Co. Inc. boosted its holdings in shares of Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after buying an additional 168 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in shares of Amphenol in the 2nd quarter valued at $26,000. Board of the Pension Protection Fund purchased a new position in shares of Amphenol in the 4th quarter valued at $27,000. Finally, Alpine Bank Wealth Management acquired a new stake in Amphenol during the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.
Insider Buying and Selling
In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. This represents a 21.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.67% of the stock is currently owned by corporate insiders.
Amphenol Stock Up 0.5%
Amphenol (NYSE:APH – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The company had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same period in the previous year, the business posted $0.55 earnings per share. Amphenol’s quarterly revenue was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Sell-side analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.
Amphenol Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 23rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, March 23rd. Amphenol’s payout ratio is 29.94%.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on APH. The Goldman Sachs Group reissued a “buy” rating and issued a $183.00 price target on shares of Amphenol in a research report on Thursday, January 15th. US Capital Advisors set a $165.00 price objective on Amphenol in a report on Friday, January 9th. Truist Financial set a $182.00 target price on Amphenol in a report on Tuesday, January 13th. UBS Group reissued a “buy” rating and issued a $174.00 target price (up from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. raised their price target on Amphenol from $160.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 27th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $152.36.
Read Our Latest Analysis on Amphenol
About Amphenol
Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.
Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.
Further Reading
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